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Business & education services

WDS Limited prepares trading update

WDS Limited (ASX:WDS) has been granted an ASX trading halt in relation to the release of a trading update.

The halt will last until the earlier of the announcement being made or the start of trade on Wednesday, 12 November 2014.

WDS provides underground coal mining and tunnelling as well as energy infrastructure services.

It recorded revenue of $369.5 million in FY2014, up 5% from the previous year as well as net profit after tax of $13.3 million.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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